Global HVDC Transmission System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2023
2018 HVDC Transmission System Market Size: by Application, Type, Trend, Revenue, Overview, Growth and Forecasts-2023
(EMAILWIRE.COM, August 18, 2018 ) HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links.
The increasing demand for cost-effective solutions for long distance power transmission and integration of VSC technology across grids to enable system security are the major factors that drives the HVDC transmission system market.
In Asia Pacific (APAC), China and India are the major contributors to the growth of the HVDC transmission system market due to the growing demand for power in these countries. Some other factors affecting the growth of the market in this region include aging power infrastructure, increase in power consumption pattern, economic uncertainties, and low carbon emission initiatives. High power quality along with reliable and stable power transmission are some of the key requirements in the power industry. This factor is driving the growth of the HVDC transmission market in the APAC region.
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In China and India, high-power rating projects are more popular as it can supply more power for the huge population. While in Europe, most projects are the low-power rating projects and used for the new energy transmission like the wind energy.
Major players operating in the HVDC transmission market are ABB,Siemens,XD Group, NR Electric,GE Grid Solution, NKT, TBEA, etc. These Chinese players are rising faster through technology joint with the foreign players like ABB and Siemens. And the laters are also expanding their market through this method.
Over the next five years, LPI(LP Information) projects that HVDC Transmission System will register a 9.9% CAGR in terms of revenue, reach US$ 13500 million by 2023, from US$ 7650 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of HVDC Transmission System market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
High-power Rating Projects
Low power Rating Projects
Segmentation by application:
Overhead Transmission
Underground Transmission
Subsea Transmission
Browse the complete report @ http://www.orbisresearch.com/reports/index/2018-2023-global-hvdc-transmission-system-consumption-market-report
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ABB
Siemens
XD Group
NR Electric
GE Grid Solution
NKT
TBEA
Xuji Group
Hitachi
Nexans
Toshiba
Mitsubishi Electric
Abengoa
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Some Point from TOC:
1 Scope of the Report
2 Executive Summary
3 Global MOSFET & IGBT Gate Drivers by Players
4 MOSFET & IGBT Gate Drivers by Regions
5 Americas
6 APAC
7 Europe
….Continued
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Senior Manager – Client Engagements
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Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
Email id: sales@orbisresearch.com
The increasing demand for cost-effective solutions for long distance power transmission and integration of VSC technology across grids to enable system security are the major factors that drives the HVDC transmission system market.
In Asia Pacific (APAC), China and India are the major contributors to the growth of the HVDC transmission system market due to the growing demand for power in these countries. Some other factors affecting the growth of the market in this region include aging power infrastructure, increase in power consumption pattern, economic uncertainties, and low carbon emission initiatives. High power quality along with reliable and stable power transmission are some of the key requirements in the power industry. This factor is driving the growth of the HVDC transmission market in the APAC region.
Request Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2287235
In China and India, high-power rating projects are more popular as it can supply more power for the huge population. While in Europe, most projects are the low-power rating projects and used for the new energy transmission like the wind energy.
Major players operating in the HVDC transmission market are ABB,Siemens,XD Group, NR Electric,GE Grid Solution, NKT, TBEA, etc. These Chinese players are rising faster through technology joint with the foreign players like ABB and Siemens. And the laters are also expanding their market through this method.
Over the next five years, LPI(LP Information) projects that HVDC Transmission System will register a 9.9% CAGR in terms of revenue, reach US$ 13500 million by 2023, from US$ 7650 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of HVDC Transmission System market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
High-power Rating Projects
Low power Rating Projects
Segmentation by application:
Overhead Transmission
Underground Transmission
Subsea Transmission
Browse the complete report @ http://www.orbisresearch.com/reports/index/2018-2023-global-hvdc-transmission-system-consumption-market-report
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ABB
Siemens
XD Group
NR Electric
GE Grid Solution
NKT
TBEA
Xuji Group
Hitachi
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Enquiry before buying@ http://www.orbisresearch.com/contacts/enquiry-before-buying/2287235
Some Point from TOC:
1 Scope of the Report
2 Executive Summary
3 Global MOSFET & IGBT Gate Drivers by Players
4 MOSFET & IGBT Gate Drivers by Regions
5 Americas
6 APAC
7 Europe
….Continued
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Us:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
Email id: sales@orbisresearch.com
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results